Inflation and a rise in demand for services is pushing up costs in Cambridgeshire.
By Hollie ColeCambridgeshire County Council said the shortfall for 2024-2025 was due to "inflationary pressures" and a rise in demand for services.a £4bn funding gap for two years from 2024The predicted £23m gap for CCC would continue to grow without action and "financial scrutiny" of its budget was needed, the council said.
The council is limited in how much council tax it can raise because the government caps it each year, but it is awaiting a new solar farm to be connected to the national grid which would bring in some extra cash. A report to the council from its chief executive and executive director of finances and resources highlighted reviews into high-cost areas.
It said: "In 2023-24, pressures on our budget have arisen principally due to several very high-cost children's social care placements and a delay in receiving income from a newly constructed solar farm. "We are seeing that demand for bed-based care for older people is also rising, following a period of reduction in demand and then stability stretching back for some time, to the beginning of the pandemic, " the report added.Follow East of England news on
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